Deadline: 22-Jan-23
The European Bank for Reconstruction and Development (EBRD) is accepting applications for its Star Venture programme.
What they offer
The programme will be delivered on a competitive basis and enterprises selected will join a select cohort of dynamic venture teams in an intensive and tailored up to 18-month experience-based support programme. The programme includes access to mentorship, technical advisory, as well as advice on financing mechanisms, access to extended international networks of customers and channel partners, entrepreneurs, high-level business executives, and international market soft landings. The areas of support and intervention will depend on the competencies and needs of the individual enterprises and could include:
- Support Area
- Strategy and Planning.
- Engineering and Technical Solutions.
- Fundraising and Financial Management.
- Accounting and Financial Reporting.
- ICT and Digitalisation.
- Innovation, IPR and Licencing.
- Internationalisation and Scaling.
- Lean and Agile Processes.
- Legal, Governance and Compliance.
- Marketing, Communications and Sales.
- Operations and Quality Management.
- Organisation, Leadership and HR.
- Pitching, Equity and Investor Relations.
- Sourcing, Procurement and Logistics.
- Support Input Examples
- Access to all commercial consulting & technical skills as required.
- Introductions to investors, funders and credit sources.
- Negotiating, Valuations, Term Sheets & Investment.
- Cash-flow Management & Operational Planning.
- Identification, evaluation, introduction & negotiation with potential customers, suppliers and channel partners.
- Entering international markets and establishing international business entities.
- Developing & Implementing Marketing & Sales Plans.
Eligibility Criteria
EBRD is looking to engage with early stage businesses with less than two years of revenue generation and turnover between €100k and €1m, with a strong differentiated competitive advantage, recurring revenue streams and the belief that, with the right support, you have the potential to scale, rapidly and internationally. If you have:
- An innovative, technology-based solution or business model;
- A large addressable market opportunity;
- A defensible, competitive advantage;
- An ambitious, innovation-oriented, motivated and committed management team; and
- The ability and desire to create value for shareholders.
For more information, visit EBRD.